Lululemon Stock Plummets: What's Behind the 20% Drop?
Friday, Jun 6, 2025 4:44 am ET1min read
LULU--
Lululemon Athletica Inc. fell 20.94% in premarket trading. The company cut its annual profit forecast due to slowing consumer demand, increased competition, and economic uncertainty triggered by the Trump administration's trade policy. Additionally, higher costs to mitigate U.S. tariffs and lower store traffic in the Americas contributed to the decline.
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